On 16th Apr we posted the below trade idea on Godaddy.
We’re closing out our option idea at $9.20 (up 60%) with the stock trading at $183.23 up from $173.64 when we originally posted.
Long $GDDY
Target 1: $181.60
Target 2: $185.00
Options Trade: Buy May 2nd 177.5 Calls - approx. $5.75
Disclaimer:
The trade ideas and commentary shared on this page are provided for educational and informational purposes only. They do not constitute financial advice, investment recommendations, or an offer or solicitation to buy or sell any securities. All content reflects the opinions of the authors and is subject to change without notice.
QM Trades does not provide personalized investment advice and is not a registered investment advisor or broker-dealer. Always do your own research and consult with a licensed financial advisor before making any investment decisions. Past performance is not indicative of future results. Trading and investing in financial markets involve risk, including the potential loss of capital.
